richmond, VA jewelry "jewelry" - craigslist (2024)

FAQs

How do I get the most money from selling jewelry? ›

We recommend taking the piece to a jeweler to be tested. They will have professional tests that will determine whether your jewelry is real as well as the purity of the metal itself. A certified appraiser will be able to provide the value of the piece as well.

When selling diamond or designer jewelry, you can expect to receive 20% to 50% of the original purchase price. The exact percentage you will receive is dependent on various factors such as: brand, condition and market demand.

Resale Value. Generally, when you sell pre-owned fine jewelry, you can expect to get around 20 to 50% of the original purchase price. There are a few exceptions to this range. For example, very rare and highly desirable pieces may fetch a higher price.

The Most Popular Jewelry Types in the United States. It's clear, gold chains are by far the most popular type of jewelry in the US, as simple gold chains were the most favored choice across 30 US states.

Factors to Consider

If you are in a position to wait for the maximum payout, then selling may be more beneficial than pawning. On the other hand, if you need cash quickly with no long-term commitment, then pawning may be the better option.

Thus, a 14k gold piece weighing 5 grams (which translates to roughly 2.91 grams of pure gold) is worth approximately 182.80 USD.

Around Mother's Day, Valentine's Day and Christmas are some of the best times to sell jewelry. People are usually more sentimental during these times. Therefore, they'll be more willing to pay a pretty penny for your valuables.

What to do before selling jewelry? ›

As a general guideline, expect to get 55 to 75 percent of the total gold value (assuming the piece is in good shape). So, if your necklace contains about $420 worth of gold, a fair offer would be $231 to $315. Another way to calculate it is to reduce the per-gram value by 25-45 percent.

The bottom line is that it doesn't matter what your jewelry is appraised for. The only thing that matters is what you can get for it. What it is worth is what someone is willing to pay for it. And most likely the person who is willing to pay the most is your local jeweler.

We can confidently say that Cash For Gold USA is the #1 place to get a fair market offer for gold and jewelry online. Here's why: We guarantee we'll beat any competitor's price for jewelry, gold coins, silver coins, diamonds, and more.

For pricing and appraisals, selling to jewelry stores is better than pawn shops. Pawn shops have high overhead costs and typically resell items at a lower price. Jewelry stores have in-house master jewelers who can provide accurate appraisals and higher prices for your jewelry.

Consider Etsy only if you have a large amount of jewelry and have the time to create and manage an online shop. There are three basic selling fees: a listing fee of $0.20, a 6.5% transaction fee on the sale price, and a payment processing fee of 3% + $0.25 per item sold.

Is Selling Jewelry Profitable? Jewelry has no fixed perceived value like electronics devices such as laptops and phones. This means that depending on your brand, audience, and marketing strategy, it is possible for your semi-fine jewelry to make between a 25-75% profit margin.